Labour plans to offer optional extra council tax for wealthier residents
Labour could offer wealthier Islington residents the chance to fund extra projects
30 March, 2018 — By Samantha Booth
Council leader Richard Watts
LABOUR plans to offer the chance for wealthier residents to pay an optional extra council tax to help boost council funds if they regain control of the Town Hall in May.
Current council leader Richard Watts insisted the Fair Islington Fund would not be used to replace council services, but could pay for extra projects.
“People completely understand we’ve had £200m cut a year by the Tory government and that, while I think we are doing a good job of maintaining our basic services, and quite a lot more, there’s not a lot of extra money on top of that knocking around for lots of new stuff,” he said.
Conversations are continuing about how it would work, but the money could fund preventative measures to help young people and the elderly.
Town Hall finance chief Councillor Andy Hull said: “The fundamental problem is that when it comes to all of our social problems we need to bale out the bath and turn off the tap, and it’s very hard to do both when you’ve got 70 per cent less money than you had a decade ago.”